The Kroger Co KR shares are trading higher by $0.78 at $36.49 in Thursday's session. The catalyst for the rally is a Q1 EPS beat of a penny along with a slight beat for revenues.
Off the open, it immediately found resistance at $36.98 and pulled back sharply to $36.15. The high coincides with May 16 highs at $36.94.
Since making the low, it made another run at the $37 area but was turned back at $36.94.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in